Oil Extends Losses With Virus Concerns Clouding Recovery Outlook
Gas flares burn from pipes aboard an offshore oil platform in the Persian Gulf’s Salman Oil Field, operated by the National Iranian Offshore Oil Co., near Lavan island, Iran. (Photographer: Ali Mohammadi/Bloomberg)

Oil Extends Losses With Virus Concerns Clouding Recovery Outlook

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(Bloomberg) -- Oil extended losses toward $40 a barrel as concerns about demand linger with the coronavirus raging unabated across many regions.
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